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Adams Electric Cooperative

EIN: 37-0147965Camp Point, ILZIP: 623200247
501(c)(12)

Mission

To provide electric energy to our members on a cooperative basis

Financials

YearRevenueExpensesAssets
2024$28.3M$0$70.6M
2023$28.1M$0$68.4M

Compensation

2024

James Thompson
General Manager
officer (unspecified)
$238,599
$0
$13,848
$342,947
Duane Jones
Line Foreman
highest compensated employee
$144,367
$0
$208
$188,975
Gary Wagner
Journeyman Lineman
highest compensated employee
$134,434
$0
$176
$165,542
Garrett Kestner
Journeyman Lineman
highest compensated employee
$131,366
$0
$156
$162,441
Tara Neisen
Mgr of Finance & Accountin
officer (unspecified)
$103,703
$0
$303
$157,144
Brennan Caspermeyer
Line Foreman
highest compensated employee
$130,757
$0
$124
$153,550
Cole Wellman
Journeyman Lineman
highest compensated employee
$140,582
$0
$117
$152,557
Rebecca Barlow
Director
board member
$0
$0
$0
$5,700
Rex Niekamp
Director
board member
$0
$0
$0
$5,450
Laura Meyer
President
chief executive officer
$0
$0
$0
$4,950
Brent Clair
Director
board member
$0
$0
$0
$4,900
Glen Koch
Director
board member
$0
$0
$0
$4,800
Eric Ewing
Director
board member
$0
$0
$0
$4,750
Thomas Travis
Secretary
officer (unspecified)
$0
$0
$0
$4,650
James Ward
Treasurer
officer (unspecified)
$0
$0
$0
$4,450
Kristina Farwell
Vice-president
chief executive officer
$0
$0
$0
$3,500

2023

James Thompson
General Manager
officer (unspecified)
$229,033
$0
$11,806
$318,496
Tim Brecht
Mgr Eng & Ops
highest compensated employee
$117,449
$0
$1,691
$195,336
Chad Reische
Design/Const Supervisor
highest compensated employee
$118,732
$0
$232
$155,610
Austin Aschemann
Lineman
highest compensated employee
$0
$0
$0
$144,091
Gary Wagner
Journeyman Lineman
highest compensated employee
$0
$0
$0
$143,571
Garrett Kestner
Journeyman Lineman
highest compensated employee
$0
$0
$0
$138,663
Tara Neisen
Mgr of Finance & Accounting
officer (unspecified)
$0
$0
$0
$136,175
Steven Jennings
Manager of Finance
officer (unspecified)
$0
$0
$0
$134,636
Rebecca Barlow
President
chief executive officer
$0
$0
$0
$4,600
Brent Clair
Director
board member
$0
$0
$0
$4,000
Eric Ewing
Director
board member
$0
$0
$0
$4,000
Thomas Travis
Treasurer
officer (unspecified)
$0
$0
$0
$3,600
Glen Koch
Director
board member
$0
$0
$0
$3,550
Laura Meyer
Vice-President
chief executive officer
$0
$0
$0
$3,200
Kristina Farwell
Secretary
officer (unspecified)
$0
$0
$0
$3,200
Rex Niekamp
Director
board member
$0
$0
$0
$3,100
James Ward
Director
board member
$0
$0
$0
$3,000

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Learn more

Data from IRS Form 990 filings (2023-2024).